April 29, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. We will stay short and move our stop loss down..
Trading strategy: Stay short, move stop loss down to 296.4
Supports: 292, 269
Resistances: 321, 332, 348.8

Infosys - Infy made a lower low and a lower high. We will stay short, and move our stop loss down.
Trading Strategy: Stay short with, move stop loss down to 2754.
Supports: 2693, 2636
Resistances: 2790, 2825, 2870

RIL - RIL hit our stop loss and we closed our position. It was a big down move for RIL. We will waitn and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1050, 975
Resistances: 1150